Analyzing Undervalued DAX Stocks with Potential for 30.3% to 40.1% Market Correction

AinvestWednesday, Jun 26, 2024 11:26 pm ET
1min read

The article presents an analysis of German stocks believed to be undervalued by up to 40.1% based on discounted cash flow. Among the stocks highlighted are Adidas AG (ADS), with a 30.3% discount to fair value, and Redcare Pharmacy NV (RDC), with a 40.1% discount. Despite recent challenges, Adidas is expected to see significant earnings growth, while Redcare Pharmacy's revenue growth outpaces the German market average. These stocks offer potential for significant valuation adjustments and appeal to investors seeking opportunities in the European market recovery.